Could AI make you richer? How ChatGPT responded to simple investment questions

It has been known to create paintings, write poems and even learn languages on its own. But could Artificial Intelligence also make you richer? Last week, it emerged JPMorgan Chase is developing a service similar to the AI-powered ChatGPT which would help customers select investments and give financial advice. Separately banks Goldman Sachs and Morgan Stanley have started testing the tech internally as businesses speed up their apparent AI arms race. It begs the question whether financial advisors will be needed at all in a few years as computers offer a quicker (and cheaper) alternative.